INTERNATIONAL CONSULTATION – NEW YORK CITY, MARCH 15-17, 2018

DUBLIN PROCESS

CENTESIMUS ANNUS PRO PONTIFICE (CAPP) FOUNDATION

Ethics in international business and finance

 Fifth consultation meeting – New York City, March 15-17, 2018

Co-sponsored by Fordham University 

An Ethical Compass for the Digital Age

The Dublin Process previous consultation meetings were held at the Vatican (2013), Dublin (2014), Malta (2016) and Madrid (2017). They gather a small group of professionals and business people, academics and specialists in Catholic Social Teachings (CST). The conclusions from these meetings are the base for wider distribution and debates organized by the CAPP Foundation in its efforts to promote knowledge of the social teachings of the Church.

In his address of May 20th, 2017 to the CAPP Foundation, Pope Francis said: “I express my appreciation for your efforts to seek other ways of understanding the economy and progress, and business, to meet the ethical challenges posed by the imposition of new paradigms and forms of power derived from technology, the throwaway culture and lifestyles that ignore the poor and despise the weak. In a talk addressed to the Fortune-Time Global Forum on December 3, 2016, the Pope said: “Our great challenge is to respond to global levels of injustice by promoting a local and even personal sense of responsibility so that no one is excluded from participating in society. Thus, the question before us is how best to encourage one another and our respective communities to respond to the suffering and needs we see, both from afar and in our midst. The renewal, purification and strengthening of solid economic models depends on our own personal conversion and generosity to those in need.”

An ‘Ethical Compass’ is necessary to ensure that the economy works in the direction indicated by Pope Francis, that of the common good, a primary principle in Catholic social encyclicals. The aim of discerning solidarity aspects involved in business decisions is a basic theme of CST. In business circles, the same basic idea inspires many ongoing inquiries on inclusive entrepreneurial initiative and an inclusive economy.  In the wake of current opportunities and concerns – from the ‘fourth technological revolution’ to growing inequalities, from the threat of jobless recoveries to the questioning of globalization – a fully innovative approach is required, not just to restore any ethical compass of the past, but to analyse our concepts of economic rationality and define specific ethical criteria which apply to present-day dilemmas. This is the first question submitted to the consultation.

The other complementary question is: who in fact is responsible? Who are the depositors of an Ethical Compass? Business leaders? Public opinion? Consumers? Is it basically a field for individual conviction, or one of general education and mindsets?

PROGRAM

Thursday March 15

Fordham University, Rose Hill Campus

Tognino Hall, Duane Library

441 East Fordham Road, Bronx, NY 10458

GPS address for car/bus entrance is 2691 Southern Blvd, Bronx, NY 10458

 3:00 pm Bus leaving The Michelangelo Hotel (152 West 51st Street, New York, NY 10019) to Rose Hill Campus

 4:30 – 6:00 pm Introductory public session

The ‘Dublin Process’ on Ethics in international business and finance presented by Domingo Sugranyes Bickel, Chairman of CAPP Foundation, and Henry Schwalbenberg, Director, International Political Economy and Development (IPED)

Catholic Social Thought at a Time of Global Turmoil

Speaker: The Most Rev. Bernardito Auza, Permanent Observer of the Holy See at the United Nations

Constructing Alternatives to Promote Human Dignity: Is Common Business Ethics up to the challenge?

Speaker: Lawrence Gonzi, Former Prime Minister of Malta, Member of the Board of Centesimus Annus pro Pontifice Foundation

Educating for a new Ethical Compass

Speaker: The Rev. Joseph M. McShane, President of Fordham University

6:30 pm           Dinner hosted by Fr. McShane SJ, President of Fordham University

Bulter Commons, Duane Library, Fordham University, Rose Hill Campus

8:30 pm Bus taking participants back from Rose Hill Campus to The Michelangelo Hotel

Friday March 16

 Fordham University, Lincoln Center Campus

E. Gerald Corrigan Conference Center

Lowenstein Building, 12th Floor, 113 West 60th Street (corner 60th St. and Columbus Ave), New York, NY 10023

8:00 am           Holy Mass

Chapel of Blessed Rupert Mayer, S.J., Lowenstein Building, 2nd Floor, 113 West 60th Street (corner 60th St. and Columbus Ave.), New York, NY 10023

9:00 am           Opening by Domingo Sugranyes Bickel, Chairman of CAPP Foundation

9:15 am           Round Table debate on speeches by Msgr. Auza, Dr. Gonzi and Fr. McShane SJ

10:15 am         1st working session: Identifying conflicts between economic rationality and ethical demands

Summary of main report by Professor George Enderle, Notre Dame University, Indiana

Summary of discussion papers:

Ethical Challenges for Data Gathering IndustriesPaul Twomey, former CEO of ICANN, Commissioner on the Global Commission for Internet Governance

Is Technical Innovation Serving Socially Inclusive Business?Thomas Rusche, Chairman SØR Oelde-Berlin, Member of the Board of Centesimus Annus pro Pontifice Foundation

Regulation vs Personal EthicsRichard G. Ketchum, former Chief Executive Officer and Chair of the Financial Industry Regulatory Authority, Inc. (FINRA), Director, MarketAxess Holdings Inc.

Individualistic vs Common Good Ethics in the World of InterconnexionFather Paul A. Soukup SJ, Head of Communication Department, Santa Clara University

12:00 am         Light lunch

1:00 pm           Round Table debate on first report and discussions papers

2:15 pm           2nd working session: Reconstructing an Ethical Compass – Who is Responsible? With Whose Mandate?

Summary of main report by Professor Nien-hê Hsieh, Associate Professor of Business Administration, Harvard Business School

Summary of discussion papers:

Building a culture that can sustain ethical compass – Professor Mary Hirschfeld, Villanova University

Criteria used by Investments AnalystsRobert Tann, Investment analyst, London

Practical Ways to Establish an Ethical Compass in BusinessNikolaus von Bomhard, former CEO, Munich Re

A view from the Developing World– Professor Francis Estrada, Manila (Addendum to Reaction)

4:00 pm Round Table debate on second report and discussion papers

Saturday March 17

Fordham University, Lincoln Center Campus

E. Gerald Corrigan Conference Center

Lowenstein Building, 12th Floor, 113 West 60th Street (corner 60th St. and Columbus Ave), New York, NY 10023

8:00 am           Holy Mass

Chapel of Blesssed Rupert Mayer, S.J., Lowenstein Building, 2nd Floor, 113 West 60th Street (corner 60th St. and Columbus Ave.), New York, NY 10023

9:00 am           Presentation of draft conclusions by Domingo Sugranyes Bickel and Henry Schwalbenberg

9:30 am           Round Table debate (all participants invited to speak) and conclusions

1:00 pm           Light lunch and end of works

 

NYC CONSULTATION SHORT SUMMARY

LIST OF PARTICIPANTS

MENU
Fondazione Centesimus Annus Pro Pontifice
VERSIONE